If you think the process of saving for retirement is the same for men and women, think again. BNY Mellon Investment Management’s co-head of global distribution Kim Mustin, said there’s a retirement savings gap between men and women. ‘The gap is real and it happens for a number of different reasons,’ she said. ‘We talk about the wage gap between men and women and that still exists today. That means women have less opportunity from their wages to be able to save for and invest in retirement.’ She said the other headwind facing women is that they may not have access to employer sponsored retirement vehicles. ‘If you look at the employee population, women have a higher likelihood to work part-time or below the 1,000 hour [a year] minimum requirement to participate in most defined contribution plans,’ she said. TheStreet's Scott Gamm reports from Wall Street.